“Buy high and sell low” is the way to go right? Most people would strongly disagree with this mantra…But that is what happens most of the time with precious metals investments. Unsavy investors are driven by 3 primary emotions: Fear, anger, and greed. In a world driven by media, people start paying attention when metals…
We get this question quite often. I think it is interesting that a lack of recognition to a coin leads a person to ,question its value. We see lots of foreign coins that are simply modern currency. Someone has traveled abroad sometime in the last 25 years and brought back some of the money they…
The spot prices of gold and silver are important in determining the value of a particular coin especially if it contains gold or silver. As previously discussed there are several factors in determining the value of a coin, and metal content is one of those factors. One example is pre-1965 quarters, dimes and half dollars,…
Interesting question, right? First of all, dirty or tarnished coins are not all bad. One of the worst senarios that we encounter is when a person comes into our coin shop with a bag of coins and a big smile on their face. They eagerly take out the coins and place them on the counter….
Is it imortant to get your coins appraised? I think so. We all want to know the value of what we have. On one hand you might think you have a collection that is incredible valuable and you want to confirm and quantify what you are thinking. On the other hand, you might think that…
So what is the difference between one of the many “cash for gold stores” and my local coin shop? There is a big difference…First of all, a cash for gold store is loooking for any type of gold or silver with the primary intention of melting what they buy, including the coins. We do not…
Generally there are 3 different types of coin collectors. First, there are those that are simlpy accumulating the interesting coins that they see when looking at their change in their pocket. In the early to mid 60’s, people were “hoarding” silver coins. Their was a lack of trust in the government and people werre not…
This is a question that many people who have inherited a coin collection have. Before selling your coins, it is important to understand the real value of what you have. There are several factors in derterming a value. The type of coin, the year, the mint mark(which can be difficult to find) as well as…
